Step5 Preview launches with 600B params, 27B active, 1M context — top-2 open model at 12.5% of Opus 5 cost

量子位 · wechat · 2026-09-21

StepFun quietly released Step5 Preview: a MoE flagship with 600B total / 27B active parameters and 1M context, scoring 44 on Artificial Analysis (global open-source top-2), priced at $1/M input and $2.7/M output — about 12.5% of Opus 5's per-task cost, sitting on the performance-cost Pareto frontier. Hands-on tests (Blender agent building a 'Backrooms' video, a LEGO Racers-style game, a parkour game, a writing site) show real agentic ability with minor bugs fixed in 2-3 rounds. Technically: a 92-layer 'Narrow but Deep' transformer for multi-hop reasoning, SparseMoE/HybridSparse/SparseGQA plus kernel-level optimization for long contexts, and Long-horizon RL with Context Compaction to sustain dozens of tool-call loops. The piece notes top models are now within 25 Elo of each other, pushing vendors toward differentiated strengths.

Related event: StepFun Launches Step 5 Preview: 600B MoE Flagship, Open-Weights on Oct 15(17 posts)→

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